Since its founding in 1990, NAREIM has promoted best practices for real estate investment management with an array of education, networking, research, thought leadership and student program opportunities. Yardi has consistently supported NAREIM events as a sponsor, exhibitor and presenter over the years. Close out 2023 on a high note by joining the Yardi Investment Suite team at these dynamic NAREIM events: Event: NAREIM Executive Officer Meeting Date: Oct. 4-6 Place: Deer Valley, Utah Summary: Roundtable sessions and group discussions on building effective relationships, creating organizational strategies, and meeting the challenge of finding the right skills for asset management, transactions and portfolio management. Extras: Alpine slide and tubing down the 90K ski jump at the Park City Olympic Village. Meet with Yardi: Fill out a contact form. Event: NAREIM Capital Raising & IR Date: Dec. 6-7 Place: New York CitySummary: NAREIM Capital Raising & Investor Relations committee update, followed by sessions on managing ESG and DEI issues, elevating fundraising skills, raising capital from non-institutional sources and looking ahead to 2024. Extras: Networking dinner at the Liberty Bistro in downtown Manhattan. Meet with Yardi: Fill out a contact...
Senior Living Events
Your 2022 Lineup
There’s no shortage of senior living events this year — but which are worth attending? How should providers fill their calendar for the remainder of 2022? While there are many trade shows packed with valuable takeaways, we’re here to share a few recommendations. These events offer opportunities to connect with experts, discover emerging solutions and ultimately, explore the future of the industry. You’ll find team Yardi in attendance at each, ready to greet you and answer questions about our senior living management software. Keep reading for a roundup of upcoming events to put on your radar. FALA Annual Conference & Tradeshow Happy 30 year anniversary to the Florida Assisted Living Association (FALA)! With decades of industry success, FALA’s Annual Conference & Tradeshow is a fantastic setting to learn tips for navigating an ever-changing industry. Whether you’re eager to network with other professionals, receive updates about the latest industry trends or connect with vendors who can help you deliver better care, this year’s conference has it all. You’ll find team Yardi at booth 423. We’ll show you how our single connected solution helps providers streamline operations and deliver excellent care. Schedule time to connect with us at the conference. Event details: Hyatt Regency Grand Cypress Orlando, Florida May 31-June 2, 2022 CALA Spring Conference & Trade Show Join over 900 providers and top decision makers at the 2022 CALA Spring Conference & Trade Show, including CEOs, CFOs, COOs, executive directors, clinical staff, marketing professionals and more. You’ll tap into a wealth of resources and learn what’s driving the senior living industry forward. Be sure to meet our team at booth 52 where we’ll discuss how the Yardi Senior Living Suite works to empower staff, automate workflows and enhance resident satisfaction. Visit this page to schedule...
IMN Annual Forum
Tech Advances, Reporting, Transparency
As part of the 2020 IMN Real Estate Private Equity Funds Virtual Forum, Yardi had the unique opportunity to participate in several panel discussions and share thoughts on trends in technology and investment management. In one session, “Meeting the Challenges of Fund Administration, Investor Reporting & Transparency,” Scott Tavolacci, Yardi regional director of global solutions, moderated the conversation. As Tavolacci noted, it seems that roughly 10 years ago the hedge fund space and the private equity space expanded into fund administrators and real estate may have been a bit behind. However, recently the real estate sector has picked up speed in this sense, and as Jeff Bush said, over the last five years, he’s seen a lot of real estate managers and firms thinking about and questioning fund raising and outsourcing practices every time they find a deal. Bush, president of Standish Real Estate Services Group, believes that the real estate industry is often taking the approach of seeing what works best in other sectors, mitigating risk or mistakes potentially along the way. Technology has played a major role in all aspects of fund administration as it does for just about all walks of business. Usage has only increased with the mass exodus away from the traditional office during the pandemic. The ability to use portals to access information in real time and make transactions on the go is vital, for anyone from investors to fund administrators. Beyond that, it’s important to have a connected solution that brings together all office functionality from accounting in the back office to investor relations with front office management. Real estate traditionally lagged behind in terms of tech usage, but the pandemic has expedited tech adoption while still keeping the focus on the value of data. Platforms are providing more secure and reliable ways to access and relay data between entities without any time-consuming or error-prone manual effort to aggregate data from disparate sources. In “Using Technology to Improve Efficiency & Returns,” Chris Barbier, Yardi industry principal for investment management, explained that while advanced tech has become a prominent focus for the industry, it was the more basic requirements that were in high demand earlier during the pandemic. “Starting with payables, people were going into the office, picking up the check printer and bringing it home with them. You would think some of these payables processes would be pretty basic, but as the workforce went remote, we saw this was an area of need to adopt some technologies,” Barbier said. Departments such as accounts receivables also saw a major uptick in tech usage. A large part of this was due to the volume of people who need visibility to data and reports, from accountants to property managers to CFOs to portfolio managers. Without basic data sharing and connectivity between departments, remote work would not have been nearly as successful as it has been this year. There was initially a significant level of uncertainty surrounding workforces transitioning to work from home environments, as both panel discussions touched on. Several panelists noted, however, that fears of lack of productivity hardly materialized, as companies adopted tech at higher rates than ever before and employees proved that remote work is feasible long term. On the investor side, the importance of communication has been highlighted throughout the year. “Investors want to know quickly what is going on with their portfolio and investments, so we’re seeing an uptick in tech adoption for better communication with investors to provide them information they’re looking for,” Barbier added. “It’s really interesting to see how investors are doing due diligence virtually, where a lot of that really wasn’t happening before,” said Barbara Rea, founder of Rea Advisory Group. Traditionally, investors expected to come in and meet in person, build some trust and forge a stronger relationship. With that being taken away this year, lenders and investors are relying on technology such as virtual meetings, a rare...
2019 GWA Recap
Yardi Kube a Sponsor
The 2019 GWA Conference, held this earlier this month in Washington, D.C., examined the latest trends in coworking. Yardi Kube was once again a platinum sponsor of this well-attended event, demonstrating a commitment to the coworking industry and showcasing new updates to the comprehensive coworking management platform. Let’s recap some of the highlights from conference breakout sessions. (Stay tuned for Part Two of this report, with additional insights.) Positioning your coworking space Led by Kevin Whelan, founder of Everspaces, this session was a discussion about customer purchases and what coworking operators can do to position themselves for quick success. Whelan explained that people, in general, buy on convenience or fidelity. Convenience is the purchase that’s based on how easily you can get something. Price, flexibility, and other ease of access factors play into these decisions. Fidelity is all about the experience. Customers will purchase things they truly love (think iPhones), irrespective of price. These purchases are based on status, visibility, elite design and service. Successful coworking operators must define themselves to attract members looking to purchase based on one of the two categories. For example, NeueHouse prides itself on providing a world class experience in Manhattan, NY and Hollywood, Calif. As a result, their pricing is considered among the highest in the industry. Nevertheless, NeueHouse is very successful. Regus, an industry leader, does not provide a ‘wow’ experience. But the company operates numerous coworking locations in major cities, so ease of access and flexibility when traveling is high. Regus price points are considered affordable. Both NeueHouse and Regus are profitable industry leaders in their own categories. Even niche spaces like The Wing, a women’s only coworking space, also operates a magazine, podcast, and retail store, among other ventures. But The Wing’s owners successfully use...
Introducing Yardi Kube
Single Platform Coworking Solution
Yardi Kube™, a single platform solution for coworking and shared workspace operators, is now available. Introduced this week at the GCUC conference in Denver, Yardi Kube is designed to help coworking operators successfully grow their businesses, eliminate third party integrations, save time and offer competitive member services. With the powerful Yardi Voyager property management platform as its foundation, Yardi Kube combines accounts payable, general ledger, merchant services and more in one easy-to-use technology suite. Yardi Kube includes comprehensive accounting, online marketing integration and powerful reporting capabilities. Users will be able to easily report to owners and investors and market to new clients, all from within the platform. The member portal gives coworking members the ability to manage their profile, connect with other members, pay bills, purchase services and book space with one click. Yardi Kube can also handle management of Wi-Fi and VOIP systems. “We chose Yardi Kube because of its robust capabilities to manage our businesses. The fact that Yardi was behind the development gave us confidence in its reliability and development path,” said Willie Gutierrez, COO and CFO of Premier Workspaces, a nationwide shared workspace provider. “Yardi Kube is the long-awaited technology solution that will allow shared workspaces to scale and grow with ease,” said Dale Hersowitz, vice president of coworking at Yardi. “It maximizes efficiency, eliminates leakage and allows for real-time reporting, all in a single platform.” GCUC, which concludes tomorrow, is the world’s largest coworking event, with conferences held in five continents. About 300 attendees convened in Colorado for the event. At GCUC, the Yardi Kube team has been conducting demos of the new platform and sharing the product’s exciting features, including the accounting platform, internet listing service and prospect lifecycle tracking. “We look forward to showing the extent of Yardi’s commitment to coworking, what the future looks like for Yardi Kube, and how the platform separates itself from the competition,” said Dale Hersowitz, vice president of coworking at Yardi. GCUC attendees are invited to come by the Yardi Kube booth, #10-11, to see Yardi Kube in action. Visit yardikube.com to learn more about the benefits of an all-in-one coworking management solution for shared...
Senior Living 100
Lincoln Healthcare Event
Yardi is proud to sponsor the 2019 Lincoln Healthcare Senior Living 100 conference! This invitation-only event combines today’s best practices with tomorrow’s promising innovations. About Senior Living 100 Since 1998, Lincoln Healthcare has inspired excellence in strategy and modernization in the increasingly value-based system of senior care. To achieve this, Lincoln Healthcare owns and operates five executive conferences for AL/IL and CCRC industry leaders. Each event fosters visionary education, peer networking, and memorable experiences. Get Involved! The forward-looking educational program at Senior Living 100 reveal opportunities for growth amongst its community of talented attendees. Lincoln Healthcare’s thought leaders invite participants to explore the latest trends and forecasts. This year’s theme, Creating Blue Skies: Entrepreneurial Opportunities for Senior Care, will focus on improving existing business models in preparation for the future of senior living. Rapid learning techniques will help attendees retain a solid understanding of content that is “forward-looking,” “candid,” “change-oriented,” and “super productive.” Participants can cap off information-rich days with fun-filled evenings. The Executive Golf Tournament at the Oceanfront Monarch Beach Golf Links is a par 70 Scottish links-style course that challenges novice and experienced golfers alike. A relaxing sailing regatta or adrenaline-pumping flight simulator are also on the agenda. Each day offers a new adventure! The spouse program enriches the conference experience. Significant others can enjoy the resort and sightseeing in the beautiful town of Laguna Niguel. Participants are also invited to attend all recreation, activities, and dinners with conference participants. Connect with Yardi Senior Living at the Lincoln Health Care Senior Living 100 conference at the Ritz-Carlton, Laguna Niguel in Dana Point, California on March 10-13,...
CALA Conference
Assisted Living Industry Meets
If you’re attending the California Assisted Living Association (CALA) 2018 Spring Conference & Trade Show, along with 800 other professionals who will engage in important issues and explore opportunities for the assisted living industry, Yardi is excited to see you there. With the theme “elevate,” to acknowledge that senior living professionals are continually seeking ways to improve and enhance their services, the event is set for June 4-6 at the Hyatt Regency Sacramento and Sacramento Convention Center in California. Assisted living, memory care and continuing care resident community operators come together at CALA’s spring conference to participate in active learning, engage in critical discussions, and hear from outstanding presenters with a broad range of expertise within and outside the profession. Sessions will cover resident and dementia care knowledge and practices, legal and regulatory awareness, leadership and staff culture along with sales and marketing strategies. Attendees expect to walk away with ready-to-use information, ideas, and best practices that both challenge and inspire them. In addition to not-to-be-missed educational sessions, the conference also provides networking and socializing opportunities including a wine tasting event on Monday, June 4 and a cocktail reception on Tuesday, June 5. Yardi is sponsoring the luncheon general session on Wednesday, June 6 at 12:15, where featured speakers Matthew Emerzian and Cindy McCann will discuss “Creating a ‘You Matter’ Culture” that touches both residents and employees in assisted living organizations. View complete details about the luncheon, speakers and sessions in the conference brochure. While exploring the trade show exhibitors, you’re invited to discover Yardi’s single connected solution for senior living by visiting Booth 50, and while you’re there, enter for a chance to win a Bose Bluetooth Speaker. We look forward to meeting you in...
3 Big Trends
Multifamily Social Media Summit
Team Yardi was lucky enough to attend the 5th annual Multifamily Social Media Summit in Napa during the first week of February this year. This conference brings together a wide variety of speakers from within and without the real estate industry to talk about the impact of social media on marketing, leasing and more. We’re always happy to get out there and hear new trends and challenges being discussed – as well as meet with clients from social savvy companies like Pinnacle, Reside Living and Monarch Investment and Management Group. This year we left the summit with three big social trend takeaways: Live Video Is Happening If you’ve been waiting for live video to go away, raise your hand. (You can’t see me, but I’m holding mine up sheepishly.) You might be thinking, “But I don’t want to be on camera, and the quality is unprofessional. Who would want to watch it anyway?” Everyone, it turns out. Keynote speaker Joel Comm, an author and entrepreneur who has hundreds of thousands of social media followers, was the first to bring it up. “Live video is the most significant leap in social media since the iPhone,” he said. “You now have the power in your hand to go live and reach the world… and your communities. It will give you an unfair advantage over your competitors.” Multiple speakers urged property managers to use live video to get potential residents to know, like and trust their brands by providing useful information. Joel even thoughtfully provided a list of live video ideas specific to multifamily: Show an empty apartment Showcase a furnished apartment Meet the staff Explore the neighborhood Show building in progress Show new amenities Tour the fitness center or pool Broadcast an event Walk through...
